other material
confidence high
sentiment negative
materiality 0.75
DevvStream receives Nasdaq delisting notice; will request hearing to stay suspension
DevvStream Corp.
- Nasdaq notified DevvStream on April 7, 2026, that bid price closed below $1.00 for 30 consecutive days.
- Company is ineligible for compliance period due to a reverse stock split within the prior year.
- DevvStream intends to timely request a hearing before a Nasdaq Hearings Panel.
- A timely hearing request will automatically stay any suspension or delisting pending Panel decision.
- There is no assurance the Panel will grant continued listing or that DevvStream can regain compliance.